SHE:300074 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	321.27	292.51	300.29	129.63	189.29
Trading Asset Securities	10.92	37.79	25.7	45	59.21
Cash & Short-Term Investments	332.2	330.3	325.99	174.63	248.5
Cash Growth	0.57%	1.32%	86.68%	-29.73%	-12.57%
Accounts Receivable	342.18	491.61	562.47	599.11	575.64
Other Receivables	14.17	15.23	13.3	17.97	58.86
Receivables	356.35	506.84	575.77	617.08	634.5
Inventory	130.15	116.19	30.58	62.64	108.85
Other Current Assets	26.44	43.06	18.87	20.13	26.34
Total Current Assets	845.13	996.38	951.22	874.47	1,018
Property, Plant & Equipment	287.81	282.7	297.32	337.89	335.59
Long-Term Investments	22.7	17.56	15.2	8.34	5.34
Goodwill	-	71.49	104.7	104.7	104.7
Other Intangible Assets	27.49	32.37	39.41	40.67	39.08
Long-Term Accounts Receivable	-	-	2.64	26.58	64.63
Long-Term Deferred Tax Assets	65.67	48.73	56.07	57.52	42.18
Long-Term Deferred Charges	4.31	4.55	4.87	4.94	3.08
Other Long-Term Assets	185.42	180.98	162.53	148.12	183.19
Total Assets	1,439	1,635	1,634	1,603	1,796
Accounts Payable	146.26	165.32	190.15	154.18	167.33
Accrued Expenses	21.56	47.99	35.53	31.74	21.86
Short-Term Debt	1.77	10.01	-	-	-
Current Portion of Long-Term Debt	11.06	9.13	132.66	7.67	7.68
Current Portion of Leases	-	1.17	2.93	3.46	3.58
Current Income Taxes Payable	6.79	1.45	2.16	0.01	5.53
Current Unearned Revenue	106.04	81.29	14.5	48.24	60.73
Other Current Liabilities	102.36	92.32	116.71	87.78	134.33
Total Current Liabilities	395.83	408.66	494.64	333.09	401.05
Long-Term Debt	127.5	136.5	-	132.5	140
Long-Term Leases	1.62	1.26	3.73	5.76	6.21
Long-Term Unearned Revenue	0.03	0.19	0.51	1.02	1.74
Long-Term Deferred Tax Liabilities	18.04	18.6	20.89	22.14	25.35
Other Long-Term Liabilities	5.03	0.01	-	17.72	16.6
Total Liabilities	548.05	565.22	519.77	512.24	590.94
Common Stock	549.32	543.58	531.02	531.02	533.89
Additional Paid-In Capital	247.95	234.57	207.07	195.63	201.73
Retained Earnings	96.23	282.67	355.27	344.37	450.22
Treasury Stock	-10.12	-10.12	-	-	-6.46
Comprehensive Income & Other	-30.94	-30.96	-31.07	-30.94	-30.94
Total Common Equity	852.44	1,020	1,062	1,040	1,148
Minority Interest	38.04	49.79	51.89	50.91	56.59
Shareholders' Equity	890.48	1,070	1,114	1,091	1,205
Total Liabilities & Equity	1,439	1,635	1,634	1,603	1,796
Total Debt	141.94	158.07	139.32	149.39	157.47
Net Cash (Debt)	190.25	172.23	186.67	25.23	91.03
Net Cash Growth	10.47%	-7.74%	639.72%	-72.28%	-12.47%
Net Cash Per Share	0.35	0.32	0.35	0.05	0.17
Filing Date Shares Outstanding	564.34	540.68	531.02	531.02	533.89
Total Common Shares Outstanding	564.34	540.68	531.02	531.02	533.89
Working Capital	449.3	587.72	456.57	541.38	617.13
Book Value Per Share	1.51	1.89	2.00	1.96	2.15
Tangible Book Value	824.95	915.89	918.18	894.71	1,005
Tangible Book Value Per Share	1.46	1.69	1.73	1.68	1.88
Buildings	-	266.77	265.59	349.39	287.53
Machinery	-	40.6	36.16	37.32	99.77
Construction In Progress	-	9.43	2.32	3.7	17.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.